Dallas Price, a contemporary-art collector who has been a trustee since 1993, is giving the museum $10 million, to be paid in installments of $1 million a year.
The reason is simple: contemporary-art collectors tend to be younger, so less estate property finds its way to the block.
Group shows at Saatchi's former exhibition space at 98A Boundary Road, on London's northern fringe, served as templates for contemporary-art collectors everywhere.
Auction experts say there is more movement among contemporary-art collectors than in other areas of the fine arts.
Next week's sales of Impressionist and modern art are full of top-quality estate material, but since contemporary-art collectors tend to be younger, less estate property comes to auction.
But I never knew such a large population of contemporary-art collectors existed on Long Island.
American craft furniture is on a roll, popular among architects, decorators and contemporary-art collectors.
This is a way of making certain that contemporary-art collectors know what's possible in other fields.
Most recently he was working at Christie's as an adviser to a few collectors, including François Pinault, Christie's owner and a passionate contemporary-art collector.
Faced with far bigger sales at Sotheby's tonight and Christie's tomorrow, contemporary-art collectors and dealers were visibly relieved by the solid results.